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1557 52nd Street

Los Angeles, CA 90062

$1,175,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $352 / sqft

1936

calendar_month Built

Property Description

We are pleased to offer for sale a six unit apartment community located at 1557 West 52nd Street. The subject property is located just east of Western Avenue on 52nd Street within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 6,502 square foot parcel, the property is comprised studios, two-bedroom and four-bedroom units. There is 38% rental upside through interior renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to continue improvements and achieve superior future returns moving forward makes 1557 W 52nd Street an excellent acquisition opportunity. *The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together. LA County Assessor Indicates that the Property has a Total of 2Beds/6Baths. Buyer to Verify Unit Configuration.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1557 52nd Street
City Los Angeles
State CA
Zip 90062
County Los Angeles
Listing Agent Sean Rosenzweig DRE#01406343
Courtesy Of Marcus & Millichap
MLS 24346955
List Price $1,175,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,500
Year Built 1936
DOM 121

Exterior Information

Maps

home_work Nearby Properties

Image

$849,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,384
1632 52nd Street,

Los Angeles, CA 90062
Image

$1,280,000

king_bed N/A
shower N/A
straighten N/A
straighten 5,950
5321 Denker Avenue,

Los Angeles, CA 90062
Image

$599,000

king_bed N/A
shower N/A
straighten N/A
straighten 5,673
1510 53rd Street,

Los Angeles, CA 90062
Image

$599,000

king_bed N/A
shower N/A
straighten N/A
straighten 5,461
1507 51ST Street,

Los Angeles, CA 90062
Image

$10,500/month

king_bed N/A
shower N/A
straighten N/A
straighten 6,969
1607 54th Street,

Los Angeles, CA 90062

Listing information courtesy of: Sean Rosenzweig, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of May 10th, 2024 at 9:59 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.